Episode Details

Guyana’s business landscape is gearing up for a major shift—local companies need more than loans; they need full-scale support systems to compete with foreign firms. Floyd Haynes of New Hayven Merchant Bank argues that building local capacity through training, mentorship, and strategic investment is key. With initiatives like the newly passed Guyana Development Bank offering zero-interest, collateral-free loans up to $3 million plus mandatory business training, the country is laying the groundwork for homegrown success. Established in 2022, merchant banks like Haynes’ are already mobilizing over $100 million in capital and expertise, helping entrepreneurs craft compelling, investor-ready plans as Guyana’s oil sector surges. The bank’s nationwide rollout will prioritize underserved groups, turning ambition into action—and reshaping Guyana’s economic future from within.

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